Personal and corporate tax prep., general accounting, IRS representation, sales tax prep, payroll processing, W2&1099 prep, Monthly & Quarterly financials
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Accounting
We can provide several different options to give you a financial statement that we will help you understand. Many clients will receive a profit/loss statement from their accountant, but do not know how to read what that financial statement means. We take the time to explain what your financial statement means and how that affects you for tax purposes.
Most of our input is derived from utilizing the check stubs or check register, bank statements, sales reports, & payroll reports. If you choose to input your accounting information using software such as Quickbooks, we can take a backup copy of your file and pull all necessary reports to compile a monthly, quarterly, or yearly financial statement.
We can help prepare sales tax returns, quarterly payroll reports such as form 941, 940, WH-1605 & WH-1606, SC Unemployment, & W3/W2 year-end tax forms. Small payroll preparation is available (1-4 employees) on a weekly, semi-weekly, or monthly basis.
Personal Tax Preparation
Don’t waste time spending hours, even days trying to figure out this supposed “free” tax software. As Enrolled Agents, we are required to take 40 hours of update classes every year, which gives us the latest tax law changes and things to look for in the upcoming tax year. We prepare all tax returns from the basic 1040EZ form to the 1040 form with all schedules including:
Small Business Accounting
Schedule A (itemizing deductions like mortgage interest, real estate taxes, charitable contributions)
Schedule B (interest & dividend income)
Schedule C (sole proprietorship income)
Schedule D (capital gains & losses – sale of stock or property)
Schedule E (rental & royalty income)
Schedule F (farm income)
With the tax preparation, you also get tax advice that most preparers cannot or choose not to give to their clients. What kind of IRA should you contribute to? What are the tax implications of selling property that was inherited? Should you incorporate your small business?
Those are just a few questions that our tax preparers can help answer for you. Our office is open year-round. We do not shut down after April 15th and only open one day a week like many franchised owned tax preparation offices.
Corporate Tax Preparation
Some clients need to take the next step when their business continues to grow and become more profitable. More profitability means more taxes. We specialize in small business tax preparation, including Form 1120 for “C” corporations, Form 1120S for “S” Corporations (most common), and Form 1065 for Partnership tax returns. We can explain how converting your Schedule C business to an S-corporation can save you thousands in taxes. And, we can show you how to take advantage of the tax benefits by being a small business corporation.
Our pricing structure is considerably less, sometimes more than half of what most CPA firms charge. And with the preparation of your tax returns comes valuable consultation to maximize your income tax savings. Again, we are available throughout the year, not just during tax season.
General Accounting
Personal Tax Preparation
Corporate Tax Preparation
IRS Representation
Tax Consulting
